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the we in question is not bill clinton. bush and clinton. it started under bush. 300,000 civil servants. coming out of the civil service. people come out of employment in the economy as well. what you have to keep in mind, it's inevitable. we are in the drawdown. the reason to keep the defense budget night, not to keep them employed. the abbottabad national security . to the special interests. what happened to those people and how jobs are filled and the american economy? it depends on how the american economy is doing, not what the defense budget to the defense department's doing. reemployment happens quite quickly. new jobs created. increase the flow of money in the economy are reducing federal borrowing, it invested. that creates jobs. you have to view the economy as a system. you cannot just say defense dollars down, jobs down. that is not the way the economy works. >> guest: the critics of sequestration would point out the reduce the spending of the domestic side to radically, what you're going to get, in fact, is the potential for a se
the we in question is not bill clinton. bush and clinton. it started under bush. 300,000 civil servants. coming out of the civil service. people come out of employment in the economy as well. what you have to keep in mind, it's inevitable. we are in the drawdown. the reason to keep the defense budget night, not to keep them employed. the abbottabad national security . to the special interests. what happened to those people and how jobs are filled and the american economy? it depends on how the...
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clinton did it legitimately, i think. but in other words, the keynesian idea was we run up a deficit when we have a swamp. we run up a large deficit when we have a slump and run up medium-sized deficits in times of prosperity. the u.s. government is spending about $3.6 trillion this year. federal spending has gone up at roughly twice the rate of economic growth. interest payments are temporarily manageable. but interest rates are at historic lows and likely to go up. our current situation is in no way comparable to that of the '40's when the national debt grew to an amount nearly equal to annual gdp. once the war ended, spending went down and the u.s. proceeded to grow at a greater than 4% annual rate for 20 years. that took care of the deficit or the debt with the problem. today, everything points in the other direction. interest rates are likely to go up. demand for further spending will increase for reasons i will get to a minute. state and local governments rely on federal transfers to balance their books. the state o
clinton did it legitimately, i think. but in other words, the keynesian idea was we run up a deficit when we have a swamp. we run up a large deficit when we have a slump and run up medium-sized deficits in times of prosperity. the u.s. government is spending about $3.6 trillion this year. federal spending has gone up at roughly twice the rate of economic growth. interest payments are temporarily manageable. but interest rates are at historic lows and likely to go up. our current situation is in...
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when he talked about the popularity of bill clinton. that's not because of the color of clinton's eyes or the cut of his suit suits, that's bought cn had real economic growth that benefited most people. you have to keep your eye on that prize. what is going to be our answer as republicans to the party of raising living standards for most people. >> we have no idea what's going to happen between now and 2016. the world could change for all we know. the economic situation would change dramatically. we have no way of knowing. but it's fun to talk about the possibility of hillary clinton running for president -- >> i'm excited about the prospect that she might run again. >> are you surprised the president once again today went to michigan? it looked like a campaign rally. he's out there campaigning now for his position on the fiscal cliff and also campaigning against the anti-union vote that's coming up tomorrow in michigan. >> he certainly owes organized labor. and obviously if you're a democratic president and there's a ballot like this,
when he talked about the popularity of bill clinton. that's not because of the color of clinton's eyes or the cut of his suit suits, that's bought cn had real economic growth that benefited most people. you have to keep your eye on that prize. what is going to be our answer as republicans to the party of raising living standards for most people. >> we have no idea what's going to happen between now and 2016. the world could change for all we know. the economic situation would change...
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. >> meet president clinton and obviously everyone wants to hear from former president clinton especially he solved the fiscal cliff if we recall. many years ago. liz: we had a nice surplus back then. >> yes, we did. liz: behind the scenes at facebook is another one. is this newer item? >> never had this one before and this with the top executives there and that's going to be a great time. liz: mark zuckerberg, will be there? >> we're not promising that but you will have to go and find out. >> lunch last year was the second highest bid outside of a meeting with the pope at the vatican. so we have 24 hours to get this up. okay? substantially. liz: 24 hours, everybody. before we go, you, bob have been known as the president's ear right for banking. >> i'm very close to him. liz: what is happening with the fiscal cliff, him and boehner. >> listen, they have had great meetings with ceo's. they have had three meetings with ceo's. the president wants a deal. boehner wants a deal. i think it has to be balanced with revenues including increased rates on taxes. i would say at like 75% that there's
. >> meet president clinton and obviously everyone wants to hear from former president clinton especially he solved the fiscal cliff if we recall. many years ago. liz: we had a nice surplus back then. >> yes, we did. liz: behind the scenes at facebook is another one. is this newer item? >> never had this one before and this with the top executives there and that's going to be a great time. liz: mark zuckerberg, will be there? >> we're not promising that but you will have...
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these documents show that secretary of state hillary clinton signed these papers making the declaration official, back on the 20th of last month. much more on this story out of syria next hour. >>> an american doctor kidnapped in afghanistan and what happens next involves around the clock negotiations and a dramatic act of courage by s.e.a.l. team six. i'm brooke baldwin. the news is now. the death of a pop star. ♪ a picture shows what happened moments before jenni rivera's plane crashed. plus, boys disappear from a reform school and are never heard from again. >> these are children who came here and died for one reason or another and quite literally have been lost in the woods. >> the answers may lie in this cemetery. and one governor floating the idea of setting tuition rates based upon your major. this may change college forever. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they
these documents show that secretary of state hillary clinton signed these papers making the declaration official, back on the 20th of last month. much more on this story out of syria next hour. >>> an american doctor kidnapped in afghanistan and what happens next involves around the clock negotiations and a dramatic act of courage by s.e.a.l. team six. i'm brooke baldwin. the news is now. the death of a pop star. ♪ a picture shows what happened moments before jenni rivera's plane...
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to run, so is this shaping up to a battle between biden and clinton? i know it's very far out, and you know politics better than anyone. >> it is very far out. >> the fact -- >> auz know -- >> she's got all this going for her right now. >> well, conventional wisdom generally gets disproven, but as the secretary clinton knows better than anyone, but there's no question, she has been on a roll for good reason. she's been extremely successful as secretary of state. she is someone who is known and respected around the world, so she has done a remarkable job, and she's done it in a way after a very tough campaign in 2008 that really is a best of what american politics can be about and should be about. that is, after a tough election, you move on to do what's right for the country, and she's done that. i don't think there's any limit to her potential, and that's going without saying based upon what she's succeeded at. on the other hand, you know, this is a very personal decision, as she knows better than anyone, because she's been through it, and she's lived
to run, so is this shaping up to a battle between biden and clinton? i know it's very far out, and you know politics better than anyone. >> it is very far out. >> the fact -- >> auz know -- >> she's got all this going for her right now. >> well, conventional wisdom generally gets disproven, but as the secretary clinton knows better than anyone, but there's no question, she has been on a roll for good reason. she's been extremely successful as secretary of state....
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joining me now, bernard whitman, former pollster for bill clinton and author of "52 reasons to vote for obama," or why people should be glad they voted for obama i guess after the fact, bernard, and also gretchen ham hamil. panel, welcome to you both. this is something. we've seen these right-to-work states becoming more and more popular, almost half the states in the night that are going right to work, but, gretchen, let me "street smart" with you on this -- start with you on this as a republican. >> well, you have to look at the past two years in michigan, some of the highest unemployment rates over the past two years reaching nearly 15% and currently 9.2%. so you see a state there that has an economy that is struggling and wanting to put into place measures that would create some economic growth. and that's what in the right-to-work measure would do. it would allow companies to come there and make them more attractive to coming there and doing business in michigan. megyn: bernard, what does this say to you about the strength of the union movement in this country? >> well, you know, i
joining me now, bernard whitman, former pollster for bill clinton and author of "52 reasons to vote for obama," or why people should be glad they voted for obama i guess after the fact, bernard, and also gretchen ham hamil. panel, welcome to you both. this is something. we've seen these right-to-work states becoming more and more popular, almost half the states in the night that are going right to work, but, gretchen, let me "street smart" with you on this -- start with you...
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dialogue with iran and i would even go back to the '90s, and i think that was also a mistake of the clinton administration, when they had the double containment, which i never thought made much sense. but the fact is that both parties have taken positions that have made it extremely difficult now to achieve negotiations. however i think rick is right. in my opinion, there is a solution out there, but we have an effect locked ourselves in and they have locked their selves and politically in a way that's going to make it very difficult. >> let's hope lets hope that you are both right in the solution that is out there somewhere. >> hi, my name is james wilson and i work in the historian's office in the united states series with my colleague elizabeth charles. we are putting together volumes of primary documents on the soviet union and arms control and you can actually look through a number of the old office files in the number of people in this room of great historical interest. my quick question is that in january 1989, new administration comes in and there are a number of people who had been
dialogue with iran and i would even go back to the '90s, and i think that was also a mistake of the clinton administration, when they had the double containment, which i never thought made much sense. but the fact is that both parties have taken positions that have made it extremely difficult now to achieve negotiations. however i think rick is right. in my opinion, there is a solution out there, but we have an effect locked ourselves in and they have locked their selves and politically in a...
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bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. third, achieving long-term fiscal sustainability. that is deficit reduction and tax increases and spending cuts that allow the gdp ratio to stabilize by the end of the decade. these three things need to be done now. in terms of the fiscal cliff, if policy is unchanged and we go over the cliff and there is still no change after that, the gdp in 2013 will 3.5 percentage points. subtract that and that is a severe recession. cbo and others are probably us are underestimating how severe that will be because confidence is very weak. it is unclear how the reserve would response to this. we need to scale back from the cliff. at the
bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. third, achieving long-term fiscal sustainability....
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is that secretary clinton's responsibility? >> well it seems that the president should have known about the level of recruitment going on for al qaeda-linked terrorists right in that area. it was a hotbed. it was really a center of recruiting right there in eastern libya. so i want to know why the president continued to speak of having al qaeda on the run when in fact that is not the case at all. we saw them getting stronger, more forceful and the story that he was telling the american people i think now is going to come out was a story to deceive the american people but certainly to mislead them. jon: you started off this segment by saying you believe that those hearings should be open. is there the possibility, maybe likelihood they will be closed? >> not if i have anything to do with it. i want to have open hearings on the record so the american people can hear the answers from the secretary of state. jon: senator john barrasso, republican, from wyoming. we'll look forward to the hearings and yes we do hope they're open. >>
is that secretary clinton's responsibility? >> well it seems that the president should have known about the level of recruitment going on for al qaeda-linked terrorists right in that area. it was a hotbed. it was really a center of recruiting right there in eastern libya. so i want to know why the president continued to speak of having al qaeda on the run when in fact that is not the case at all. we saw them getting stronger, more forceful and the story that he was telling the american...
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later they will really ever do it, given that they never have -- not in the reagan era, not in the clinton era? >> yep. very good point, my friend. i think you hit the nail on the held, because what i'm hearing is that they may say we'll set targets, we'll have a specific target for tax reform, for entitlement reform, and by god, if we don't hit that target by summer, we'll have a sequester. i mean, how many times are we going to hear this before the credit rating agencies say enough is enough? dennis: now, you're thinking maybe there's a chance, greg, that they do something up front now regarding social security cola adjustments, cost of living, so you change the formula to pay out less as well as medicare sometimes adjusted for the wealthy to give them less or make them pay more? >> yeah. i can't see the republicans agreeing to higher tax rates. let's say we go up to 38%. i don't think we're going to 39.6. but for the republicans to agree to 38, they've got to get something in return. so, yeah, i keep a couple -- i think a couple specific entitlement reforms. the promise is much more nex
later they will really ever do it, given that they never have -- not in the reagan era, not in the clinton era? >> yep. very good point, my friend. i think you hit the nail on the held, because what i'm hearing is that they may say we'll set targets, we'll have a specific target for tax reform, for entitlement reform, and by god, if we don't hit that target by summer, we'll have a sequester. i mean, how many times are we going to hear this before the credit rating agencies say enough is...
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>>> hillary clinton buzz in overdrive. will one of the world's most powerful women go off the grid after her stint at secretary of state in order to set the stage for a 2016 run? >>> and canned. those aussie deejays are pulled off the air after their prank goes horribly wrong. uage all it with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> hi, everybody. good morning. i'm thomas roberts. topping the agenda today, on the road again. president obama wheels up at any moment now for his latest campaign style push to increase public pressure on republicans to let go of the tax breaks for the top earners. this time around, he's going to tour daimler's detroit diesel corporation. this comes after the president's most recent face to face with house speaker john boehne
>>> hillary clinton buzz in overdrive. will one of the world's most powerful women go off the grid after her stint at secretary of state in order to set the stage for a 2016 run? >>> and canned. those aussie deejays are pulled off the air after their prank goes horribly wrong. uage all it with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a...
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when i met neera when she was policy director for hillary clinton and barack obama, i did a column or i refer to her as the sugary ray robinson. he was a pound for pound the greatest boxers. she was the sugar ray robinson of policy record. everytime i see here i say "hi, sugar." when my younger reporters heard this and it to a colleague "it is just a different generation." i am sorry, sugar. what i'm glad you explained that. >> it is terrific to be here. what a great panel. gleen hutins is the founder of -- glenn hutchins is the founder of silver lake. he is a tremendous asset at harvard as a great adviser. his real claim to fame is he is the part owner of the boston celtics. if we start to in any way need to but the more we will talk about that. jonathan teaches at the university ebbs pennsylvania. he has written 150 books. i say about pat moynihan that he had written more books than most senators have read. i in dazzled by that. -- i am dazzled by that. he has also -- is also a senior adviser at the center for american progress. he's very interested in the subject. susan, we have to
when i met neera when she was policy director for hillary clinton and barack obama, i did a column or i refer to her as the sugary ray robinson. he was a pound for pound the greatest boxers. she was the sugar ray robinson of policy record. everytime i see here i say "hi, sugar." when my younger reporters heard this and it to a colleague "it is just a different generation." i am sorry, sugar. what i'm glad you explained that. >> it is terrific to be here. what a great...
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the clinton world is not sitting quietly, though. t "the new york times" kicked off what is likely to become a monthly exercise by somebody in the media. we may come up with a meter. probably throw in jeb in there, right? we should call it the hillary jebatron version 2016. probably jon stewart starting that up already. jodie cantor interviewed a number of clinton aides about future plans and strikingly a lot of them talked. while clinton has dozens of options when she leaves the state department, cantor makes a smart observation. she is a big constraint. the more serious she is about 2016 the less she can do. no frank, seen it all memoir, no clients, commissions that could prove problematic in the 2016 primaries or the general. instead cantor reports that secretary clinton is considering writing an upbeat look at her time as secretary of state. not a painful examination of her failed 2008 bid as she once proposed. likely to be quoted in a handful of clinton aides willing to go on the record with "the times" even when asked questions
the clinton world is not sitting quietly, though. t "the new york times" kicked off what is likely to become a monthly exercise by somebody in the media. we may come up with a meter. probably throw in jeb in there, right? we should call it the hillary jebatron version 2016. probably jon stewart starting that up already. jodie cantor interviewed a number of clinton aides about future plans and strikingly a lot of them talked. while clinton has dozens of options when she leaves the...
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clinton reportedly has a so many abstomach virus. she will take part with leaders on the syrian crisis. they recognize the syrian opposition as legitimate representatives of the people in that country. martha: accused colorado shooter james holmes is expected to be in court in under an hour today. this will be the first appearance for the man accused of killing 12 people in that horrific night in that crowded theater, and he reportedly tried to kill himself in his jail sell last month. alicia acuna live on this story from centennial, colorado. what is expected to happen in there today? >> reporter: good morning, martha. james holmes defense team is asking the judge to sanction the prosecution over leaks to the media, specifically that notebook we've heard so much about that james holmes sent to his university of colorado psychiatrist. defense attorneys charge that it was the prosecution that leaked the contents, and is calling witnesses today to track who handled it once it was discovered in the school's mailroom. the prosecution den
clinton reportedly has a so many abstomach virus. she will take part with leaders on the syrian crisis. they recognize the syrian opposition as legitimate representatives of the people in that country. martha: accused colorado shooter james holmes is expected to be in court in under an hour today. this will be the first appearance for the man accused of killing 12 people in that horrific night in that crowded theater, and he reportedly tried to kill himself in his jail sell last month. alicia...
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we always talk about the 1993 income tax of president clinton, and the top tax rate was 39.6%. threshold, $250 thud. so flash forward from 1993 to present, okay. well let me tell you something, there is this little thing called inflation. i know this might be nitpicking. but $250,000 today well, started out if you want to be apples to apples would be about $165,000 then. in other words, we are not adjusting even for inflation. so, if we're talking about $250,000 today being the same as then, we're wrong. it would be $165,000. so the point is, is that the difference between these two is $85,000. okay? is a 35% miss when it comes to being honest about it. oh, even worse let's take this. how many times, of course you've heard a million times, taxes on million favors and billionaires, even though, and i know this is adjusted, okay, but let's just keep it $250,000. well, 250 grand isn't a million. so it's off by 750-k over 1 million. okay? so, in essence, what we're doing is we're off on this one by 75%. we're off by 35% and 75%. so why am i doing this? because i'll tell you what, m
we always talk about the 1993 income tax of president clinton, and the top tax rate was 39.6%. threshold, $250 thud. so flash forward from 1993 to present, okay. well let me tell you something, there is this little thing called inflation. i know this might be nitpicking. but $250,000 today well, started out if you want to be apples to apples would be about $165,000 then. in other words, we are not adjusting even for inflation. so, if we're talking about $250,000 today being the same as then,...
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it was bush and clinton who did it. it started under bush in 1989 and. 300,000 civil servants, down from 1 million at the time. if the bulk of the active duty force structure, the civil service, would have to keep in mind is that it is inevitable because we are in a drawdown. that is about special interests. what happens to those people, and how jobs are fulfilled and the american economy depends on how the american economy is doing. not what the defense bar and is doing. if you have a growing economy creating jobs, reemployment happens quickly, new jobs created. if you increase the flow of money in the economy by reducing federal borrowing, that creates jobs. you have to view the economy as a system. you cannot say, defense dollars down, jobs down. guest: if you reduce the spending on the domestic side to radically it, too soon, what you're looking at is a second recession. the twitter comment is mostly right. if you did it over a protected. of time in a smoother curve, you might be able to ameliorate many of these job
it was bush and clinton who did it. it started under bush in 1989 and. 300,000 civil servants, down from 1 million at the time. if the bulk of the active duty force structure, the civil service, would have to keep in mind is that it is inevitable because we are in a drawdown. that is about special interests. what happens to those people, and how jobs are fulfilled and the american economy depends on how the american economy is doing. not what the defense bar and is doing. if you have a growing...
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budget director under president clinton. people were talking about him as a possible treasury secretary. at fannie mae, raines carried on with the fast growth policies of jim johnson. the clinton administration aide him on. in july 1999, hud secretary announced an effort he would increase the percentage of their mortgage financing that went to low or moderate income families, to 50% in 2001, from 42% that was set back in 1995. cuomo said these new rules would provide affordable housing for 28.1 million families over the next decade. think about it. cuomo could promise to create 28.1 million homeowners without asking congress to spend a single penny. he simply told fannie and freddie to go out and do it, and they said we would be delighted. you remember how jesus spent the 5000. well, cuomo housed the 28.1 million. rains also have ambitious goals for-profits. he set a goal of doubling earnings to $6.46 per share in five years. is $6.46 was taken very strictly by his team. this is a peptalk from a senior vice president at fann
budget director under president clinton. people were talking about him as a possible treasury secretary. at fannie mae, raines carried on with the fast growth policies of jim johnson. the clinton administration aide him on. in july 1999, hud secretary announced an effort he would increase the percentage of their mortgage financing that went to low or moderate income families, to 50% in 2001, from 42% that was set back in 1995. cuomo said these new rules would provide affordable housing for 28.1...
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the real core of what clinton had was they cut spending. their percentage of spending to gdp was so much less, and that's where they got out of it. that agreement in '97 cut taxes and cut spending, which spurred growth. and we need a pro-growth economy. that's how we're going to get out of this mess. what we're talking about today, of just raising the taxes, does not solve the problem. i don't see it passing the house. now, republicans have not sat back. we've put revenue on the table. but the president has always said it has to be a balanced approach. >> if you can choose, if you could choose, what's -- i mean we've heard -- we've heard from their side, from the other side, and i'm talking about from your viewpoint, secretary geithner. >> yes. >> has said, we -- if we don't get the 2% -- if we don't get the rise on rates on the 2% we'll go over the fiscal cliff. in your view would it be better to go over the fiscal cliff than to get the back to the clinton rates on the high end? >> i think the best thing we don't go over the fiscal cliff.
the real core of what clinton had was they cut spending. their percentage of spending to gdp was so much less, and that's where they got out of it. that agreement in '97 cut taxes and cut spending, which spurred growth. and we need a pro-growth economy. that's how we're going to get out of this mess. what we're talking about today, of just raising the taxes, does not solve the problem. i don't see it passing the house. now, republicans have not sat back. we've put revenue on the table. but the...
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don't republicans, some republicans want susan rice to be the next secretary of state replacing hillary clinton? in the past, top democrats claimed she's only being criticized because she's black. >> you know, these are code words. that's kinds of terms, those of us, especially those of white house have born and raised in the south, we are hear these words and phrases all of our lives and we get insulted by them. susan rice is as competent as anybody you will find. she was wrong for doing it. but don't call her incompetent. that is something totally different. >> steve: is that really the case? here to comment is senior fellow at the hoover institution, victor davis hanson. pleasure to have you. thank you very much. >> thank you for having me. >> steve: what do you think of that? >> sharon rice wasn't on tv shortly after the benghazi attack, and not just declared u about emphatically declared that it was a result of spontaneous demonstration. i think all america as they saw her say that, couldn't believe it. people don't bring povertyars to demonstrations. >> steve: absolutely. you would think
don't republicans, some republicans want susan rice to be the next secretary of state replacing hillary clinton? in the past, top democrats claimed she's only being criticized because she's black. >> you know, these are code words. that's kinds of terms, those of us, especially those of white house have born and raised in the south, we are hear these words and phrases all of our lives and we get insulted by them. susan rice is as competent as anybody you will find. she was wrong for doing...
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clinton will likely sign on to work with her husband at the clinton foundation for a while and could possibly write a book about her time as secretary of state. >>> speaking of political contenders, there could be a bruising and very entertaining battle just around the corner in new jersey. newark mayor cory booker says he will decide in the next two weeks whether he plans or not plans to challenge governor chris christie next year. >> i am absolutely considering running for governor as well as giving other options some consideration. >> if you decide not to run for governor, is there any chance you might run for another office, say senate, for example? >> yeah, i'm actually looking at that a lot as well and trying to give back because life ultimately is not about a position it's about a purpose. my purpose that i try to focus on every single day is how can i make a difference in the world around me and the community around me. i'm really thinking about both offices right now and which one can i better serve on the issues that i'm passionate about and the things i feel driven to cont
clinton will likely sign on to work with her husband at the clinton foundation for a while and could possibly write a book about her time as secretary of state. >>> speaking of political contenders, there could be a bruising and very entertaining battle just around the corner in new jersey. newark mayor cory booker says he will decide in the next two weeks whether he plans or not plans to challenge governor chris christie next year. >> i am absolutely considering running for...
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i mean,if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. and it's part of this cultural thing with our consultants. you start out thinking giving away 47% of the country, by the way, which included retirees, veterans. you know, it was an absurdity. and i think this is much more than mitt romney. we didn't blow it because of mitt romney. we blew it because of a party which has refused to engage the reality of american life and refused to take -- to think through what the average american needs for a better future. >> but recall what you said about 1964. in december 1964, lyndon johnson was re-elected. goldwater was finished. it was the end of the republican party. and at the end, the republicans nominated a man named richard nixon. and he became president. unthinkable. >> so you can have a tcampaign between hillary clinton and jeb bush, representing 36 years of bushes on n
i mean,if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. and it's part of this cultural thing with our consultants. you start out thinking giving away 47% of the country, by the way, which included retirees, veterans. you know, it was an absurdity. and i think this is much...
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if the bush tax cuts lapse it goes to 39.6%, the rate under bill clinton. some say go to 37%. >> that's the deal that obama says he would come down to, 37. the republicans say raise medicare eligibility. the left is completing freaking out over raising medicare eligibility and the right is freaking out about the tax rates. so they have to decide. the administration is clear that the tax rates have to go up. obama has given in on this before and so there's pressure on him. there's a lot of pressure on house democrats so i think if they can come to some sort of agreement on the rate and if republicans are willing to push the other stuff to next year, that's a deal. i mean -- >> but i think what argues against a big deal that includes any sort of cuts for instance up front on the entitlement side is republicans, if tax -- tax rates are going up either way either because you're going over a cliff or because the president will force you into a deal. they don't want to take responsibility for the economic fallout that comes. so if they agree to a big deal that in
if the bush tax cuts lapse it goes to 39.6%, the rate under bill clinton. some say go to 37%. >> that's the deal that obama says he would come down to, 37. the republicans say raise medicare eligibility. the left is completing freaking out over raising medicare eligibility and the right is freaking out about the tax rates. so they have to decide. the administration is clear that the tax rates have to go up. obama has given in on this before and so there's pressure on him. there's a lot of...
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Dec 10, 2012
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a lot of people say, 1995 and 1996, the speaker and president clinton were able to cut a deal addicted to their caucuses what will happen. this is a different deal. he could say, if you do not like the steel, it is not clear to me if john boehner wanted the cops as they would take him up on the offer. guest: the parties are much more partisan and split. the ideological differences between them are much greater. the speaker is a little weaker than gingrich was before. the world has changed completely since 1995. guest: i would point out all the focus is on the house. how are you going to get it through the senate? mitch mcconnell is in a tough position. harry reid, he has some people who loves his job. he would like to be along with the progressives. i look at this and i worry because in the camp that believes going over the cliff -- the united states will enter a new recession. i do not see the basic associations on the house and senate side that would write the legislation and pass it. host: so far the markets of not reacted. does that hurt the pressure of a congress often feels? gues
a lot of people say, 1995 and 1996, the speaker and president clinton were able to cut a deal addicted to their caucuses what will happen. this is a different deal. he could say, if you do not like the steel, it is not clear to me if john boehner wanted the cops as they would take him up on the offer. guest: the parties are much more partisan and split. the ideological differences between them are much greater. the speaker is a little weaker than gingrich was before. the world has changed...
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hillary clinton about 2016. she says that it is flattering, i'm not interested. >> she does not really say that. anybody who saw the video that introduced her at the conference last weekend would have no doubt that she has least thinking seriously about running. it is like the video that you show at a convention. >> a week is a lifetime in politics, and 3 or four years is literally an eternity. but hillary clinton is remarkably advantageous position at this moment. one that would have been unimaginable after the disastrous campaign, and let's be frank, internally it was a disastrous campaign in 2008, where she started out as the prohibitive front-runner and favorite. but now she is rehabilitated. there are second acts in america. she has had a second act and it has been terrific. >> i recall that prior to that election we were talking about hillary clinton and rudy giuliani as the candidates, prohibited the favorites. >> in that election i said neither one would be the nominee and that turned out to be the k str
hillary clinton about 2016. she says that it is flattering, i'm not interested. >> she does not really say that. anybody who saw the video that introduced her at the conference last weekend would have no doubt that she has least thinking seriously about running. it is like the video that you show at a convention. >> a week is a lifetime in politics, and 3 or four years is literally an eternity. but hillary clinton is remarkably advantageous position at this moment. one that would...
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but if you remember, when the clinton tax cuts-- tax rates were imposed in 1993, martin felledsteen, you know, a very substantial economist, wrote an op-ed in the "with the journal" that day predicting we were going into a deep recession pause of the tax rates. we went into a big boom. we're tingering on the edges here of a massive economy. >> schieffer: michael? >> everybody knows the conversation needs to take place. speaker boehner calling the president saying i'll give some on rates. you have to give some on structural eltitlement reforms. the problem is, it's the president who sets the groundwork for that discussion. and right now republicans think the president's undermining that possible conversation by an unreasonable first setef demands, procedural changes that would make them irrelevant. the art of the deal involves giving people a soft place to land. and right now, republicans aren't seeing a soft place to land. their only option is humiliation in this process, and they're increasingly thinking that the president sees victory at the bottom of the fiscal cliff. >> but remem
but if you remember, when the clinton tax cuts-- tax rates were imposed in 1993, martin felledsteen, you know, a very substantial economist, wrote an op-ed in the "with the journal" that day predicting we were going into a deep recession pause of the tax rates. we went into a big boom. we're tingering on the edges here of a massive economy. >> schieffer: michael? >> everybody knows the conversation needs to take place. speaker boehner calling the president saying i'll give...
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would you accept returning to the clinton rate of 39.6%? or, would you accept something, perhaps, a mid point, 37% or starting with people who make $500,000, rather than 250? >> well, chris, there is a growing group of folks, that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that is it. the presidency and the senate, is in the democrats' hands, and a lot of people are putting forth a theory and i actually think it has merit where you go ahead and give the president the 2% increase, that he is talking about, rate increase on the top 2% and all of a sudden the shift goes back to entitlements, and all of a sudden once you give him the right on the top 2%, it is actually much lesser tax increase than what he has been talking about, the focus then shifts to entitlements and maybe it puts us in a place where we actually can do something that really saves the nation, so, there is a growing body, i actually am beginning to believe that is the best rout
would you accept returning to the clinton rate of 39.6%? or, would you accept something, perhaps, a mid point, 37% or starting with people who make $500,000, rather than 250? >> well, chris, there is a growing group of folks, that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that is it. the presidency and the senate, is in the democrats' hands, and a lot of people are putting forth a theory...
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as secretary of state hillary clinton points out. >> our concerns are that an increasingly desperate assad regime might turn to chemical weapons or might lose control of them to one of the many groups that are now operating within syria. >> syria automatically denies it intends to use chemical weapons against its its own peo whether rebel or nonrebel, quote. syria stresses again, for the 10th, the 100th time, that if we had such weapons, they would not be used against its people. we would people. whether suicide. we fear there is a conspiracy to provide a pretext for any subsequent interventions against syria by these countries that are increasing pressure on syria. unquote. so sasaid syria's deputy foreig minister faisal miqdad. >> it should be noted that the rebels who are fighting the troops of assad are themselves part of the same country. >> that's right. >> so therefore the foreign minister saying we would never use them against our own brothers, now do you believe him or what do you think? >> i tend to believe the syrian foreign minister for this reason, john. if they did use
as secretary of state hillary clinton points out. >> our concerns are that an increasingly desperate assad regime might turn to chemical weapons or might lose control of them to one of the many groups that are now operating within syria. >> syria automatically denies it intends to use chemical weapons against its its own peo whether rebel or nonrebel, quote. syria stresses again, for the 10th, the 100th time, that if we had such weapons, they would not be used against its people. we...
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hillary clinton has said she is not running. >> hillary clinton has said she is not running. when the mike is put in front of them, the red lights, things change quickly. >>gregg: gentleman, i have to call it quits for our political insiders. thank you so much, gentleman. more of our political insiders each monday at 10:30 a.m., eastern. they will be back here, of course, next sunday, same time, same channel. >>heather: coming up, an american doctor abducted by the taliban is saved in a daring rescue by united states forces. the doctor endure add grueling ordeal for five days. coming up, colonel oliver north how the mission went down. is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at panasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. >>gregg: we are lending more of the dramat
hillary clinton has said she is not running. >> hillary clinton has said she is not running. when the mike is put in front of them, the red lights, things change quickly. >>gregg: gentleman, i have to call it quits for our political insiders. thank you so much, gentleman. more of our political insiders each monday at 10:30 a.m., eastern. they will be back here, of course, next sunday, same time, same channel. >>heather: coming up, an american doctor abducted by the taliban is...
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bush lost the white house to bill clinton. the same year, yugoslavia started breaking apart, south africans voted to end apartheid and the prince and principles is of wales, better known as charles and diana officially separated. today's flashback comes from nbc nightly news, december 9th, 1992. >>> began as a royal romance but quickly faded. britain's prince charles and lady diana. in the latter years, a troubled marriage and mostly separate lives, she reportedly described it as a loveless misalliance. well, today official word -- the union is over. nbc's rick davis has more tonight from london. rick? >> katie, the last time a prime minister spoke publicly of the troubled lives of the royal family was in 1936. stanley baldwin announced the abdication of edward the viii, today it was about the end of a love affair. it was the stuff of fairy tales. the engagement of a shy young woman to a prince and future king. it was the wedding the world watched. princess was hailed as the jewel in the crown. but, there were rumors of troubl
bush lost the white house to bill clinton. the same year, yugoslavia started breaking apart, south africans voted to end apartheid and the prince and principles is of wales, better known as charles and diana officially separated. today's flashback comes from nbc nightly news, december 9th, 1992. >>> began as a royal romance but quickly faded. britain's prince charles and lady diana. in the latter years, a troubled marriage and mostly separate lives, she reportedly described it as a...
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clinton looks worn down. that's it for america's new headquarters in washington. good-bye to our intern cally stewart, it's her last day. congrats and good luck. we'll miss you, happy hanukkah to those who have begun celebrating the festival of lights. >> chris: i'm chris wallace, two big issues today. the fiscal cliff talk stuck in neutral and concerns syria will use chemical weapons against it's own people. with 23 days and more posturing, will the white house cut a deal. we'll talk two senators on the front lines of the debate. democrat charles schumer and republican bob corker. then the u.s. draws a red line telling syrian president assad not to use chemical weapons in that country's civil war. we'll discuss the latest intelligence and fallout with michael oren. a fox news sunday exclusive. plus the supreme court agrees to take up same-sex marriage. we'll ask our sunday panel if the court is likely do decide whether gays have a constitutional right to marry and a final farewell to my best friend winston, all right now on "fox news sunday." hello again from fox
clinton looks worn down. that's it for america's new headquarters in washington. good-bye to our intern cally stewart, it's her last day. congrats and good luck. we'll miss you, happy hanukkah to those who have begun celebrating the festival of lights. >> chris: i'm chris wallace, two big issues today. the fiscal cliff talk stuck in neutral and concerns syria will use chemical weapons against it's own people. with 23 days and more posturing, will the white house cut a deal. we'll talk two...